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U Think the holder means anything ?

image

O.k - here's the coin , sold July 16 2006 @ Heritage for $126.50
image

and here it is again , sold Dec. 4 , 2006 @ Heritage for $402.00
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Comments

  • ConstantineConstantine Posts: 2,369 ✭✭✭
    That would be a beautiful Franklin in any holder.
  • PawPaulPawPaul Posts: 5,845
    what a nice slant on the comparison !
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭
    In this case, the holder meant everything!

    And lets not kid ourselves, dollar for dollar, especially for modern coinage, PCGS holders bring way more than NGC or ANACS holders.

    I have no explanation as to why, I can just see that they do.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • Excellent example PCGS holds the value...IMHO always will....
  • PawPaulPawPaul Posts: 5,845
    what about those Wailing Willies that tout " buy the coin -not the holder " ??

    shoot - all it needs now is a football and it will sell for over a grand !
  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭


    << <i>shoot - all it needs now is a football and it will sell for over a grand ! >>


    This gives a whole new meaning to "Fantasy Football"...

    image
  • dohdoh Posts: 6,457 ✭✭✭


    << <i>what about those Wailing Willies that tout " buy the coin -not the holder " ?? >>


    The person who bought the ANACS coin definitely bought the coin and not the holder. He or she realized that they could flip it big time in different plastic. Good for them for recognizing the opportunity.

    Positive BST transactions with: too many names to list! 36 at last count.
  • 19Lyds19Lyds Posts: 26,491 ✭✭✭✭


    << <i>what about those Wailing Willies that tout " buy the coin -not the holder " ??

    shoot - all it needs now is a football and it will sell for over a grand ! >>



    Somehow, I just don't think so.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>what about those Wailing Willies that tout " buy the coin -not the holder " ?? >>

    Whoever bought this and crossed it DID buy the coin.

    They SOLD the holder.

    Still a rather sad commentary on the state of numismatics today, but the person who "bought the coin" in ANACS plastic made a nice score. As long as people are willing to pay stupid money for the right plastic around the same coin, more power to them, I guess.


  • << <i>In this case, the holder meant everything!

    And lets not kid ourselves, dollar for dollar, especially for modern coinage, PCGS holders bring way more than NGC or ANACS holders.

    I have no explanation as to why, I can just see that they do. >>




    one of the reasons with NGC is the fact they allow pcgs coins in there registry sets, i feel they should stop that practice and only allow ngc coins in.

    i think it would help level the playing field. if pcgs only allows pcgs coins in , and you started a set well you need pcgs cions. pcgs is a smaller company , so less coins to grade and less pop numbers, that is another reason they bring more $$$$.

    as always BUY THE COIN NOT THE HOLDER !!!!

    one more point , i love pcgs , great company, but i here people say ngc can't grade , please even pcgs consults with them on many ventures.
  • on more point , i'm really loving buying anacs coins lately, one for the very low cost and two, for nice coins to cross !!!!
  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭
    I think this demonstrates,
    to look for accurately graded coins in ANACS holders
    that have great eye appeal,
    and are selling at a discount
    due to the holder they are in.
    LCoopie = Les
  • PerryHallPerryHall Posts: 46,358 ✭✭✭✭✭


    << <i>I think this demonstrates,
    to look for accurately graded coins in ANACS holders
    that have great eye appeal,
    and are selling at a discount
    due to the holder they are in. >>



    Agree. Buy the coin and not the slab or sticker.


    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭


    << <i>on more point , i'm really loving buying anacs coins lately, one for the very low cost and two, for nice coins to cross !!!! >>


    My cross rate with old ANACS Bust type has been very low, FYI.
  • ElmerFusterpuckElmerFusterpuck Posts: 4,742 ✭✭✭✭✭
    Wonder what that same coin would bring today? I recently bought a 1950 PCGS MS-65 FBL (mostly white and very lustrous) for not too much more than the posted ANACS holder price.
  • FatManFatMan Posts: 8,977


    << <i>

    << <i>what about those Wailing Willies that tout " buy the coin -not the holder " ?? >>

    Whoever bought this and crossed it DID buy the coin.

    They SOLD the holder.

    Still a rather sad commentary on the state of numismatics today, but the person who "bought the coin" in ANACS plastic made a nice score. As long as people are willing to pay stupid money for the right plastic around the same coin, more power to them, I guess. >>

    Well said.

    The only caveat worth mentioning is that we are looking at 3 year old results. Would there be a greater or lesser price difference in today's market?
  • Freaking awesome coin and congrats on a fine addition to your collection!!! WOW!

    I do have an idea though, wouldn't it be cool to really see if the holder makes all the difference? By, let's say, taking a close up of the coin obverse and reverse and placing two Ebay auctions.

    The first would just show the coin with a high reserve.

    The second would be the identical coin but showing the PCGS holder with the same description.

    Most would venture to guess the slabbed coin would sell for more but I wonder by how much? image
  • PawPaulPawPaul Posts: 5,845
    i would say in today's market the coin if sold would bring less -much less , you can buy PCGS MS66 FBL's now for less then 400$

    As we progress back in time , year by year, to 2001 , the Franklin's were bringing alot more money .

    Then as you advance year by year , there is a downward trend .........until you arrive at today's slaughtered market .

    One can learn a helluva lot by picking a date and grade from the Heritage archives , and then go back in time and view the images and prices realized

    ........except for the sporadic wonder coin ; the prices have drifted downwards- for many years


  • << <i>Wonder what that same coin would bring today? I recently bought a 1950 PCGS MS-65 FBL (mostly white and very lustrous) for not too much more than the posted ANACS holder price. >>



    Take the PCGS price guide cut it in half then deduct another 10% will give you what most coins are selling for now,

    On this subject of the "coin in the holder" here is an interesting one for you all, IM looking at a 1962 MS 65 Franklin in an OGH Rattler, PCGS price guide is a $95.00 coin. I e-mailed the dealer and here is is actual reply..."

    << <i> my asking prices on the web page are for the recent graded blue tabs. ogh and ratlers i price according to how i grade the coin. i see 7795901 as strong shot at ms66 with vitual fbl's. this date has tremendous price differencials in grade upgrades and i probably would price around pcgs 66 non fbl price. >>

    .

    He "guesses" it may have upgrade potential to MS 65 FBLs, I beg to differ not even close to FBL, (sorry no good pic)
    PCGS MS 65 FBL is a $2000.00 coin and is asking MS 66 price guide @ $1000.00 for a coin in a $95.00 MS 65 holder...this is just another reason dealers piss me off...if it has such a shot why not crack it and send it.....
  • DHeathDHeath Posts: 8,472 ✭✭✭
    What did the guy who bought it raw and submitted it to ANACS pay? You guys recognize the PCGS premium, but think the ANACS premium was OK? It isn't like grading gem moderns is rocket science. The coins aren't counterfeit, haven't been whizzed, ....aren't worked. It's basically eye appeal, strike, and marks. You know somebody bought the flatpack, substituted another coin, resold the flatpack, and added this coin to a submission. Total risk, $25 max., but the submitter DID have to get out of his underpants and visit a shop. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    I have had more success cracking out ANACS coins and submitting raw rather than submitting raw.

    It's not supposed to make a difference (according to what Mr. Hall told me at L.B.), but it does.
  • PawPaulPawPaul Posts: 5,845


    << <i>

    << <i>Wonder what that same coin would bring today? I recently bought a 1950 PCGS MS-65 FBL (mostly white and very lustrous) for not too much more than the posted ANACS holder price. >>



    Take the PCGS price guide cut it in half then deduct another 10% will give you what most coins are selling for now,

    On this subject of the "coin in the holder" here is an interesting one for you all, IM looking at a 1962 MS 65 Franklin in an OGH Rattler, PCGS price guide is a $95.00 coin. I e-mailed the dealer and here is is actual reply..."

    << <i> my asking prices on the web page are for the recent graded blue tabs. ogh and ratlers i price according to how i grade the coin. i see 7795901 as strong shot at ms66 with vitual fbl's. this date has tremendous price differencials in grade upgrades and i probably would price around pcgs 66 non fbl price. >>

    .

    He "guesses" it may have upgrade potential to MS 65 FBLs, I beg to differ not even close to FBL, (sorry no good pic)
    PCGS MS 65 FBL is a $2000.00 coin and is asking MS 66 price guide @ $1000.00 for a coin in a $95.00 MS 65 holder...this is just another reason dealers piss me off...if it has such a shot why not crack it and send it..... >>



    some jerks take the cake - a shot MS66 FBL 1962 is a $10,000.00 + coin ; tell him to stick it where the sun don't shine ...........

    whats the fellers name ?image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭
    The coin would never have looked like that had it not been in an album for years. Just my observation.
  • jhdflajhdfla Posts: 3,030 ✭✭✭


    << <i> It isn't like grading gem moderns is rocket science. The coins aren't counterfeit, haven't been whizzed, ....aren't worked. It's basically eye appeal, strike, and marks. >>



    Don't be so quick to assume Gem Franklins haven't been worked.

    BTW, nice '50 there Dr. Paw.

    Another example of why the Heritage archives are the best numismatic resource on the net for so many reasons...

    john
  • PawPaulPawPaul Posts: 5,845


    << <i>What did the guy who bought it raw and submitted it to ANACS pay? You guys recognize the PCGS premium, but think the ANACS premium was OK? It isn't like grading gem moderns is rocket science. The coins aren't counterfeit, haven't been whizzed, ....aren't worked. It's basically eye appeal, strike, and marks. You know somebody bought the flatpack, substituted another coin, resold the flatpack, and added this coin to a submission. Total risk, $25 max., but the submitter DID have to get out of his underpants and visit a shop. image >>




    dude - with all due respect ..............what are you saying about a flatpack ??
  • PawPaulPawPaul Posts: 5,845
    here's an example of what searching the Heritage archives can teach you .........

    if you bought 21 thousand worth of gold bullion in 2002 -you'd be sitting on about 75 k

    u layed out 21 g's for this thing and today you'd be sitting on your foreskin



    Sold For: * $21,275.00
    Track this Item
    1954-D 50C MS67 Full Bell Lines PCGS. A memorable 1954-D Franklin and indeed the single finest graded piece certified by ei... [Open item in a new window]
    Lot 5904 » Half Dollars » Franklin Half Dollars
    Service: PCGS
    Grade: MS67
    2002 June Long Beach Signature Sale 292
    Auction Date:
    Jun 7, 2002
    Bid Source: Interne
  • PawPaulPawPaul Posts: 5,845
    image


    here is a NGC 1953 D MS67 from 2005 Heritage auction ; i gotta think it got crossed to PCGS ..........

    i mean ; it's got that to die for look
  • There is a 1950 MS 65 FBL on ebay for $179.00 BIN offer...back in line with the ANACS prices...miss those 2006 days???



    << <i>whats the fellers name ? >>



    Not who came first to your mind...but check out the dealers selling Franklins in the "PCGS
    Collectors Corner" you cant miss him....image
  • DHeathDHeath Posts: 8,472 ✭✭✭
    what are you saying about a flatpack ??

    The Capitol plastic holder they're always stored in. There weren't any 50 mint sets, and the later sets were trifold if memory serves, and proof sets were boxed, right?

    John, I know some of the tough FBL's are engraved, and I shouldn't minimize the risk, but buying raw without paying a premium for the designation was what I was talking about.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor


  • << <i>here's an example of what searching the Heritage archives can teach you .........

    if you bought 21 thousand worth of gold bullion in 2002 -you'd be sitting on about 75 k

    u layed out 21 g's for this thing and today you'd be sitting on your foreskin >>



    Biggest mistake I made was selling 100 ozs bullion STs in 2002
    Then started buying Franklins not long after....
    image
  • PawPaulPawPaul Posts: 5,845


    << <i>There is a 1950 MS 65 FBL on ebay for $179.00 BIN offer...back in line with the ANACS prices...miss those 2006 days???



    << <i>whats the fellers name ? >>



    Not who came first to your mind...but check out the dealers selling Franklins in the "PCGS
    Collectors Corner" you cant miss him....image >>




    my buddy Andy ??
  • BINGO!
  • PawPaulPawPaul Posts: 5,845


    << <i>what are you saying about a flatpack ??

    The Capitol plastic holder they're always stored in. There weren't any 50 mint sets, and the later sets were trifold if memory serves, and proof sets were boxed, right?

    John, I know some of the tough FBL's are engraved, and I shouldn't minimize the risk, but buying raw without paying a premium for the designation was what I was talking about. >>



    well there you go .........

    ..........trifold ??
  • PawPaulPawPaul Posts: 5,845


    << <i>BINGO! >>



    he's had a huge inventory of slabbed Franklins for 20 years, and I bought some along the way ........

    he's a good man - must have a ton of money ........... he used to make a set pricelist and priced his coins by grade/service

    guess he got smart in his old age .

    But I must say if it had a shot - he would have already fired image
  • PawPaulPawPaul Posts: 5,845
    ...he's not a Franklin Specialist - he carries a huge inventory of all kinds of coins

    Wooten used to cherry pick him !
  • anablepanablep Posts: 5,139 ✭✭✭✭✭


    << <i>U Think the holder means anything ? >>



    I'm beginning to learn that it does.

    But I still buy older ANACS along with PCGS now.
    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
  • leothelyonleothelyon Posts: 8,469 ✭✭✭✭✭
    The reason why the coin sold for less is the fact that there is a smaller market/less demand for ANACS graded coins? And those who diligently search out for coins such as this know that they are far and few between to be found. The price difference has nothing to do with the plastic it comes in, it's a matter of having more birds flocking around boat. Obviously not due to one being more accurate in grading coins but rather how much of the market is controlled by that grading company. There are a number of reasons we can site for the difference in price; better website, coin forum, published pop reports and so on. It's about controling the larger share of the market. That's all it's about. Once controled, a company can tighten up it's grades while publishing looser grading standards.
    Is there a better way of drawing in more submissions?
    Instead of a bean, the coin could eventually make MS66.


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • PawPaulPawPaul Posts: 5,845
    Instead of a bean, the coin could eventually make MS66.

    now your talking ..........then it sells for a 1000$
  • ArizonaJackArizonaJack Posts: 4,029 ✭✭✭
    Back to the OP coin.....thats pretty hard to deny considering that the same folks are usually the watcher/bidder on any given series. $100+ to $400+ for the same coin is a stretch. How often does this happen? I am sitting on a boatload of 66 and 67RD early 50's Lincolns in the old ANACS whiteys I bought for a song.
    " YOU SUCK " Awarded 5/18/08
  • ElmerFusterpuckElmerFusterpuck Posts: 4,742 ✭✭✭✭✭
    This is the 1950 PCGS MS-65 FBL I bought for around $130, has a nice look IMHO.

    image

    image
  • PawPaulPawPaul Posts: 5,845
    That sure is a nice blazer ......if white is what floats your boat .


    and that feller is right ; it usually is the same school of sharks that surround the boat -

    no matter if it's a row boat or a Battleship
  • BAJJERFANBAJJERFAN Posts: 31,131 ✭✭✭✭✭


    << <i>

    << <i>what about those Wailing Willies that tout " buy the coin -not the holder " ?? >>

    Whoever bought this and crossed it DID buy the coin.

    They SOLD the holder.

    Still a rather sad commentary on the state of numismatics today, but the person who "bought the coin" in ANACS plastic made a nice score. As long as people are willing to pay stupid money for the right plastic around the same coin, more power to them, I guess. >>



    The person who bought the coin in PCGS plastic likely had no idea that the coin was previously in another holder.
    theknowitalltroll;
  • PerryHallPerryHall Posts: 46,358 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>what about those Wailing Willies that tout " buy the coin -not the holder " ?? >>

    Whoever bought this and crossed it DID buy the coin.

    They SOLD the holder.

    Still a rather sad commentary on the state of numismatics today, but the person who "bought the coin" in ANACS plastic made a nice score. As long as people are willing to pay stupid money for the right plastic around the same coin, more power to them, I guess. >>



    The person who bought the coin in PCGS plastic likely had no idea that the coin was previously in another holder. >>



    Should he really care?



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • coinpicturescoinpictures Posts: 5,345 ✭✭✭


    << <i>Take the PCGS price guide cut it in half then deduct another 10% will give you what most coins are selling for now, >>



    Maybe for modern widgets, but not for classic material. I would *love* to buy slabbed half cents and large cents using your formula...
  • BAJJERFANBAJJERFAN Posts: 31,131 ✭✭✭✭✭


    << <i>

    << <i>Wonder what that same coin would bring today? I recently bought a 1950 PCGS MS-65 FBL (mostly white and very lustrous) for not too much more than the posted ANACS holder price. >>



    Take the PCGS price guide cut it in half then deduct another 10% will give you what most coins are selling for now,

    On this subject of the "coin in the holder" here is an interesting one for you all, IM looking at a 1962 MS 65 Franklin in an OGH Rattler, PCGS price guide is a $95.00 coin. I e-mailed the dealer and here is is actual reply..."

    << <i> my asking prices on the web page are for the recent graded blue tabs. ogh and ratlers i price according to how i grade the coin. i see 7795901 as strong shot at ms66 with vitual fbl's. this date has tremendous price differencials in grade upgrades and i probably would price around pcgs 66 non fbl price. >>

    .

    He "guesses" it may have upgrade potential to MS 65 FBLs, I beg to differ not even close to FBL, (sorry no good pic)
    PCGS MS 65 FBL is a $2000.00 coin and is asking MS 66 price guide @ $1000.00 for a coin in a $95.00 MS 65 holder...this is just another reason dealers piss me off...if it has such a shot why not crack it and send it..... >>



    Cuz they'd rather sell the risk for a profit rather than actually try it themselves.
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,131 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>what about those Wailing Willies that tout " buy the coin -not the holder " ?? >>

    Whoever bought this and crossed it DID buy the coin.

    They SOLD the holder.

    Still a rather sad commentary on the state of numismatics today, but the person who "bought the coin" in ANACS plastic made a nice score. As long as people are willing to pay stupid money for the right plastic around the same coin, more power to them, I guess. >>



    The person who bought the coin in PCGS plastic likely had no idea that the coin was previously in another holder. >>



    Should he really care? >>



    No, but its sorta akin to finding out that those $1500 Gucci shoes were really made by some little podunk factory in Puxico, Missouri for about $15.
    theknowitalltroll;
  • ibzman350ibzman350 Posts: 5,315


    << <i>This is the 1950 PCGS MS-65 FBL I bought for around $130, has a nice look IMHO.

    image

    image >>











    Why did PCGS put FBL on the insert?




    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
  • BAJJERFANBAJJERFAN Posts: 31,131 ✭✭✭✭✭


    << <i>

    << <i>This is the 1950 PCGS MS-65 FBL I bought for around $130, has a nice look IMHO.

    image

    image >>











    Why did PCGS put FBL on the insert?




    Herb >>



    Why not? You don't think it is FBL from those pics? Both TPGs saw it in hand.
    theknowitalltroll;
  • ibzman350ibzman350 Posts: 5,315
    otay..................they saw it in hand and I'm just lookin at a pic.........................got it!





    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
  • BAJJERFANBAJJERFAN Posts: 31,131 ✭✭✭✭✭


    << <i>otay..................they saw it in hand and I'm just lookin at a pic.........................got it!





    Herb >>



    Course we don't know if it was submitted raw or for crossover. Then again CAC beaned a coin that PCGS said was FBL, but turns out it warn't really.
    theknowitalltroll;

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